Nvidia's stellar rise in stock market value surpasses Microsoft, making it the new leader.
Nvidia has made a historic move in the stock market by overtaking Microsoft to become the world's most valuable company. The graphics card-making firm reported a remarkable net profit of $14.9 billion in May, with a revenue of $26 billion, nearly quadrupling its earnings from the previous year. The surge in Nvidia's shares lifted its market capitalization to a staggering $3.341 trillion, marking a significant milestone in the tech industry.
The chipmaker's success story continued as it vaulted past Apple and Microsoft, capping an explosive rally driven by investor excitement over artificial intelligence. Nvidia shares have multiplied by more than nine-fold since the end of 2022, solidifying its position as the largest public company in the world. This achievement comes amidst an AI boom, showcasing Nvidia's dominance and innovation in the technology sector.
In a remarkable twist, Nvidia's market capitalization now exceeds $3.34 trillion, leaving behind tech giants like Apple and Microsoft. This remarkable feat underscores the company's meteoric rise and the growing importance of semiconductor technology in shaping the future of tech. With its stock prices continuing to soar, Nvidia's trajectory as the world's most valuable company seems unfaltering in the ever-evolving landscape of tech innovation and market dynamics.
As Nvidia's market value surpasses $3.335 trillion, the chip giant solidifies its place at the forefront of the industry. This significant milestone signals a new era in the tech world, with Nvidia spearheading groundbreaking advancements in AI and solidifying its position as a global leader in the semiconductor domain.
In May, Nvidia reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took last year.
Nvidia, a graphics card-making firm, overtook Microsoft to become the world's most valuable company on Tuesday.
Shares of the chipmaker climbed 3.7% to $135.87, lifting its market capitalization to $3.341 trillion, just days after overtaking iPhone maker Apple to become ...
American multinational technology company, Nvidia has emerged as the world's most valuable company following the rise in its share price to an all-time ...
Landmark moment for US chipmaker caps explosive rally fuelled by investor excitement over AI.
Nvidia shares have multiplied by more than nine-fold since the end of 2022, and the chipmaker surpassed Microsoft to become the most valuable public ...
Apple is the third most valuable company in the US with a $3.27 trillion market cap. Nvidia shares closed 3.5% higher on Tuesday. Microsoft shares fell 0.5% and ...
The stock ended the trading day at nearly $136, up 3.5%, making it more valuable than Microsoft.
Chipmaker dethrones Microsoft and Apple as stock market surge boosts valuation above $3.34tn.
Chip giant's market capitalisation hits $3.335 trillion as stock prices continues its stellar rise.
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The chipmaker eclipsed Microsoft and Apple Tuesday, thanks to broad excitement about AI.
Chip maker passes Microsoft for top spot, just as John Chambers-led Cisco Systems did two decades ago. He says the situation now is different.
Dia stock end di trading day at nearly $136, e go up by 3.5%, wey make dem more valuable pass Microsoft.
It may not be a household name in the UK, but the computer chip maker has rapidly become one of the most successful businesses in the world, ...
Hewlett Packard Enterprise (HPE) is teaming with Nvidia to offer a jointly developed tool for privately running generative AI models and workloads in the ...
According to a joint statement, the HPE Private Cloud AI integrates Nvidia's AI computing, networking, and software offerings with HPE's AI storage, compute, ...
The new 'Nvidia AI Computing By HPE' portfolio provides a complete co-developed generative AI compute, storage and networking portfolio to accelerate AI ...
Nvidia (NASDAQ:NVDA) has seen incredible growth in recent years. Since the beginning of 2024, the company's stock has jumped 167%. Over the past five years, ...
Chip-maker Nvidia became the world's most valuable company after its share price climbed to an all-time high on Tuesday. It is now worth $3.34tn (£2.63tn), ...
This week is another major conference for a server OEM, and that must mean it is another time for an OEM to announce its tight partnership with AI compute.
HPE CEO Antonio Neri says the new Private Cloud AI HPE is bringing to market with Nvidia is a “fully integrated” private cloud versus “the bunch of widgets” ...
Dubbed Nvidia AI Computing by HPE, the product and service portfolio aims to simplify development and management of artificial intelligence workloads.
Chipmaker Nvidia surpassed Microsoft to become the world's most valuable company amid the AI boom. Are there parallels with the dot-com boom and bust?
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That has put Nvidia at the center of the AI boom — powering not just Sam Altman's company but Tesla, Meta, and every other Silicon Valley copycat. This year, ...
On June 18th Nvidia overtook Microsoft as the world's most valuable company. Its market capitalisation of $3.3trn is more than 20 times what it was in ...
Nvidia, whose market capitalization surpassed that of Microsoft on Tuesday, was set to add more than $92 billion to its market value of $3.34 trillion at ...
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Chip maker NVIDIA has surpassed Microsoft as the world's most valuable company. Find out more about the development.
The AI chipmaker recently joined Microsoft and Apple in the $3 trillion market cap club before passing both.
The tech behemoth, whose launch into AI chipmaking sent its stock into the stratosphere is hardly a household name. Many people can't even pronounce it (it's en ...
Nvidia cemented its status as the world's most valuable company after the semiconductor bellwether's shares gained 2.5% to hit another record on Thursday, ...
Nvidia rose 2.8% after supplanting Microsoft on Tuesday as the most valuable company on Wall Street with a total market value of more than $3.3 trillion. It's ...
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
The S&P 500 and the Nasdaq hit record highs on Thursday, boosted by strong gains in Nvidia, while investors assessed recent economic data and commentary ...
Nvidia shares continued to rise on Thursday, extending the AI chipmaker's lead on Microsoft, which it overtook as the world's most valuable company on ...
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
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Chipmaker is the main winner but other companies are seeing big gains from the AI boom.